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Daily Headlines
Norfolk Southern agrees to settle lawsuit over 2005 spill
(The following article by Gregory Richards was posted on the Virginian-Pilot website on October 24.) NORFOLK, Va. -- Norfolk Southern Corp. has agreed in principle to settle a class-action lawsuit filed by those injured by a deadly chemical spill in Graniteville,...
Plaintiffs reach agreement with Norfolk Southern
(Reuters circulated the following article on October 24.) NEW YORK -- Plaintiffs have reached an agreement with railroad Norfolk Southern Corporation in a class-action lawsuit over a Jan. 6, 2005 derailment and chemical spill in Graniteville, South Carolina. The...
Plaintiffs reach agreement with Norfolk Southern
(Reuters circulated the following article on October 24.) NEW YORK -- Plaintiffs have reached an agreement with railroad Norfolk Southern Corporation in a class-action lawsuit over a Jan. 6, 2005 derailment and chemical spill in Graniteville, South Carolina. The...
STB judges Norfolk Southern “revenue adequate”
(The following article by Gregory Richards was posted on the Virginian-Pilot website on October 24.) NORFOLK, Va. -- The Surface Transportation Board said Monday that Norfolk Southern Railway Co. was the only big U.S. railroad last year earning a rate of return on its...
STB judges Norfolk Southern “revenue adequate”
(The following article by Gregory Richards was posted on the Virginian-Pilot website on October 24.) NORFOLK, Va. -- The Surface Transportation Board said Monday that Norfolk Southern Railway Co. was the only big U.S. railroad last year earning a rate of return on its...
Track safety adjustment underway
(Newsday posted the following article by Jennifer Maloney on its website on October 24.) NEW YORK -- A rumbling machine crept along the LIRR track, lifting, shifting and shaking it. Behind the machine, rail workers stooped and measured. The result: The gap became...
Track safety adjustment underway
(Newsday posted the following article by Jennifer Maloney on its website on October 24.) NEW YORK -- A rumbling machine crept along the LIRR track, lifting, shifting and shaking it. Behind the machine, rail workers stooped and measured. The result: The gap became...
Canadian Pacific Railway announces a strong third quarter
(Canadian Pacific issued the following news release on October 24.) CALGARY - Canadian Pacific Railway announced today third-quarter net income of $162 million. Net income was lower in 2006 by $42 million when compared to the same period in 2005 due primarily to the...
Canadian Pacific Railway announces a strong third quarter
(Canadian Pacific issued the following news release on October 24.) CALGARY - Canadian Pacific Railway announced today third-quarter net income of $162 million. Net income was lower in 2006 by $42 million when compared to the same period in 2005 due primarily to the...
Canadian Pacific third-quarter net declines to C$161.7 million
(Bloomberg News circulated the following article by Reg Curren and Jeff Green on October 24.) CALGARY -- Canadian Pacific Railway Ltd., the country's second-largest railroad, said third-quarter profit fell to C$161.7 million ($142.9 million). Net income slid to C$1.02...